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| Aker Kvaerner awarded Reliance subsea contract Reliance Industries Limited has awarded Aker Kvaerner an engineering, procurement and construction contract to deliver an 18 well subsea production system for the deepwater Block KG-D6 gas development located offshore the east coast of India. The contract is one of the world's largest subsea contracts ever awarded and affirms Aker Kvaerner's position as the leading contractor for deepwater subsea developments. The initial contract value is approximately USD 400 million. Engineering has commenced in Aker Kvaerner's offices in Norway, following on from the completion of the front-end engineering and design there in 2005. First deliveries are scheduled for July 2007. write your comments about the article :: © 2006 Construction News :: home page |